HANetf has introduced its first leveraged and inverse crypto ETCs in Europe, providing traders with new tools to speculate on Bitcoin and Ethereum prices.
New Products from HANetf
HANetf, a well-known exchange-traded fund provider, is now offering European traders new ways to speculate on cryptocurrencies. Available on Nasdaq Sweden, traders can access the 2x Long Bitcoin ETC, 2x Long Ethereum ETC, and 2x Short Bitcoin ETC, with a 2% expense ratio.
HANetf's Crypto ETP Market
This isn't HANetf's first crypto product, as the company already offers nine crypto ETPs with over $1.6 billion in combined assets. The launch of new products comes as asset managers continue to find ways to draw more investments into the crypto market.
Other Industry Initiatives
Other companies in the market are also actively seeking new opportunities. For example, Bitwise recently launched the Bitcoin Standard Corporations ETF, allowing investors to bet on public companies holding at least 1,000 BTC. Companies in the index include MicroStrategy and Galaxy Digital.
The introduction of new tools, such as HANetf's leveraged and inverse crypto ETCs, demonstrates the growing interest and active development in the cryptocurrency asset industry.